Stellantis shares were headed for their worst-ever day of trading after the maker of Jeep and Ram trucks announced a €22 billion (equivalent to $26 million) charge for “overestimating” how fast ...
Stellantis (STLA) took a €22B charge for H2 2025 to reset its electric vehicle strategy amid weak demand. Stellantis operating income collapsed in 2024, and gross margins compressed. The charge will ...
Jeep maker Stellantis said it would book charges of about $26 billion, the latest automaker to flush out massive investments in electric vehicles that many Americans are still reluctant to buy. The ...
Jeep maker Stellantis STLA-6.74%decrease; red down pointing triangle said it would book charges of about 22.2 billion euros ($26.15 billion) as part of a shift away from electric vehicles amid ...
Stellantis, the owner of Jeep and Chrysler, announced a “reset” of its business after its enormous investments in electric vehicles failed to pay off. The company said Friday that it would take ...
Nigel first entered the world of automotive journalism in the mid-80s, working for what was then the “bible” of weekly automotive content - Motoring News. Those were the days of tip-tap typewriters, ...
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RECALL ALERT: There are 5 recalls on this vehicle. Learn More. There are 5 recalls on this vehicle. Learn More. RECALL ALERT: There are 5 recalls on this vehicle. Learn More. There are 5 recalls on ...
Stellantis North America is recalling almost 79,000 units of the Jeep Wrangler in the United States market. According to the Auburn Hills-based automaker, the subject population was produced for model ...
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